Prieto Battery develops and commercializes advanced 3D solid‑state lithium‑ion rechargeable batteries. The company is focused on a proprietary 3D solid‑state rechargeable battery architecture intended to improve performance and manufacturability. Prieto closed the first tranche of a $5.7M Series C financing to advance that technology. The round was led by Pilatus Capital, with participation from existing investors including Stanley Ventures. Prieto was founded by Dr. Amy Prieto and is led by CEO Mike Rosenberg. The company intends to use the funds to accelerate development of its core battery technology. Prieto Battery develops and aims to commercialize a patented 3D lithium‑ion battery architecture. The company has also patented a unique electroplating manufacturing process that uses non‑toxic materials and is intended to be price competitive. Prieto's batteries can be produced in customizable shapes and the company positions the technology as transformational with competitive cost advantages. Founded in June 2009, Prieto is based in Fort Collins, Colorado, where its lab and headquarters are located. The company has pursued strategic partnerships as a way to both capitalize the company and define target markets for commercialization. In May 2016 Prieto announced a strategic investment from Stanley Ventures to accelerate bringing the technology to market. Prieto Battery develops patented 3D lithium‑ion battery technology and an electroplating manufacturing process that uses non‑toxic materials. Led by CEO and CSO Dr. Amy Prieto and incorporated in 2009, the company demonstrated fabrication of key battery materials and components in 2014. Prieto is optimizing prototypes for commercialization and plans to introduce a novel 3D anode in late 2016, then incorporate that anode into its full 3D lithium‑ion solid‑state battery cell. The company announced a business collaboration with Intel’s New Business Group to accelerate marketplace introduction of its full 3D solid‑state cell. Prieto received an initial, undisclosed investment from Intel Capital and is actively seeking capital in a Series B‑1 round. It aims initially to replace a segment of the market served by conventional graphitic anodes with its 3D anode technology.

Total raised

$6M

Funding rounds

3

Latest round

Series C

Latest activity

Aug 2021